Hope Bancorp (NASDAQ:HOPE – Get Free Report)‘s stock had its “buy” rating reaffirmed by analysts at DA Davidson in a research report issued to clients and investors on Wednesday,Benzinga reports. They presently have a $14.50 target price on the financial services provider’s stock. DA Davidson’s price objective points to a potential upside of 23.14% from the company’s current price.
Other equities analysts have also recently issued reports about the company. Wall Street Zen upgraded shares of Hope Bancorp from a “sell” rating to a “hold” rating in a report on Saturday, November 8th. Keefe, Bruyette & Woods upped their price target on Hope Bancorp from $12.00 to $13.00 and gave the stock a “market perform” rating in a research note on Wednesday. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Hope Bancorp in a research note on Monday, December 29th. One research analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, Hope Bancorp presently has a consensus rating of “Hold” and an average target price of $13.17.
Check Out Our Latest Stock Report on Hope Bancorp
Hope Bancorp Price Performance
Hope Bancorp (NASDAQ:HOPE – Get Free Report) last issued its earnings results on Tuesday, January 27th. The financial services provider reported $0.27 EPS for the quarter, topping the consensus estimate of $0.26 by $0.01. The firm had revenue of $145.76 million during the quarter, compared to the consensus estimate of $142.90 million. Hope Bancorp had a return on equity of 4.70% and a net margin of 4.89%.The business’s quarterly revenue was up 23.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.20 earnings per share. On average, equities analysts anticipate that Hope Bancorp will post 1.09 earnings per share for the current fiscal year.
Insiders Place Their Bets
In other Hope Bancorp news, Director David P. Malone sold 20,820 shares of the firm’s stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $11.50, for a total value of $239,430.00. Following the completion of the sale, the director directly owned 66,658 shares of the company’s stock, valued at $766,567. This trade represents a 23.80% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Insiders sold 26,787 shares of company stock worth $303,917 over the last three months. 5.16% of the stock is currently owned by corporate insiders.
Institutional Investors Weigh In On Hope Bancorp
Institutional investors have recently made changes to their positions in the stock. Universal Beteiligungs und Servicegesellschaft mbH increased its position in shares of Hope Bancorp by 0.4% during the 4th quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 269,046 shares of the financial services provider’s stock valued at $2,950,000 after purchasing an additional 1,152 shares during the last quarter. GAMMA Investing LLC boosted its holdings in Hope Bancorp by 29.3% in the second quarter. GAMMA Investing LLC now owns 5,345 shares of the financial services provider’s stock valued at $57,000 after acquiring an additional 1,211 shares in the last quarter. Amalgamated Bank raised its holdings in Hope Bancorp by 3.5% in the 3rd quarter. Amalgamated Bank now owns 36,959 shares of the financial services provider’s stock worth $398,000 after purchasing an additional 1,250 shares in the last quarter. Corient Private Wealth LLC lifted its position in shares of Hope Bancorp by 6.9% in the 2nd quarter. Corient Private Wealth LLC now owns 20,809 shares of the financial services provider’s stock worth $223,000 after purchasing an additional 1,340 shares during the period. Finally, Versant Capital Management Inc lifted its holdings in Hope Bancorp by 61.0% in the third quarter. Versant Capital Management Inc now owns 3,968 shares of the financial services provider’s stock worth $43,000 after buying an additional 1,503 shares during the period. Hedge funds and other institutional investors own 84.00% of the company’s stock.
More Hope Bancorp News
Here are the key news stories impacting Hope Bancorp this week:
- Positive Sentiment: Q4 results beat expectations: HOPE reported $0.27 EPS (vs. $0.26 est.) and $145.8M revenue; net income rose ~42% YoY — headline results and improving top‑line momentum support the stock. BusinessWire Q4 Release
- Positive Sentiment: Company set a 2026 revenue growth target of 15%–20% and is expanding in Hawaii — if management hits these targets, forward revenue and earnings could re‑rate. MSN: 2026 Guidance & Expansion
- Positive Sentiment: Board declared a quarterly dividend of $0.14 per share (annualized yield ~4.6%), which increases income appeal for yield‑oriented investors. (Record/ex‑div dates announced by the company.)
- Neutral Sentiment: Analyst action: Keefe, Bruyette & Woods raised its price target to $13.00 from $12.00 but kept a “market perform” rating — implies moderate upside (~9% from current levels) but not a buy endorsement. Benzinga: KBW Price Target
- Neutral Sentiment: Full earnings materials and call transcripts/slide deck are available for deeper review — useful for assessing margin drivers, credit trends, and the Hawaii expansion plan. Seeking Alpha: Call Presentation
- Negative Sentiment: Valuation and market reaction: HOPE trades at a relatively high P/E (~30.6) and today’s volume is light vs. average — the modest beat plus a market‑perform stance and rich multiple may be triggering short‑term profit‑taking. MarketBeat: Trading/Valuation Snapshot
About Hope Bancorp
Hope Bancorp, Inc operates as the bank holding company for Hope Bank, a California-chartered financial institution serving small and middle-market businesses, professionals and affluent individuals. The company’s principal activities include accepting a variety of deposit products—such as checking accounts, savings and money market accounts, and time deposits—and extending commercial credit facilities. With a focus on community banking, Hope Bancorp tailors its offerings to meet the needs of clients in diverse industries, including real estate, professional services and import/export trade.
In its lending business, Hope Bancorp provides commercial real estate loans, construction financing, working capital lines of credit and equipment financing.
See Also
- Five stocks we like better than Hope Bancorp
- Your Signature Is Missing – Act Before It’s Too Late
- This coin has everything going for it
- Refund From 1933: Trump’s Reset May Create Instant Wealth
- Buy this Gold Stock Before May 2026
- What Expenses Can Be Deducted From Capital Gains Tax?
Receive News & Ratings for Hope Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hope Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.
